2011-02-19gata.org

``It is a well-worn dictum that investor appetite for gold moves in an inverse relationship with real interest rates. When real rates are low or negative (that is, when inflation is near or higher than interest rates) gold benefits as the opportunity cost of holding it is relatively low, and its properties as a wealth-preserver come to the fore... the link applies just as well in China, India, and other parts of Asia.''



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